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Announced

Partners Group to acquire a minority stake in Breitling from CVC Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Single Bidder

technical watches

chronographs

Specialty Retailers

Switzerland

Acquisition

Domestic

Minority

Pending

Private Equity

Private

Synopsis

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Partners Group, a global private markets firm, agreed to acquire a minority stake in Breitling, a Swiss watchmaker, from CVC Capital Partners, a private equity and investment advisory firm. Financial terms were not disclosed. "We are delighted to welcome Partners Group as an investor, and Alfred Gantner as a Board member. With CVC and Partners Group we have a strong alliance to accomplish our ambitious targets to realize our immense potential to become one of the undisputed leaders in the Swiss Watch Industry," Georges Kern, Breitling CEO.

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